Guardian Bright pupils missing out on university, study shows About 60,000 school leavers a year who were among the highest academic performers in their class are failing to reach university, new research shows. Anna Vignoles, the lead researcher at the Institute of Education, University of London [and associate at the Centre for the Economics of Education, LSE], said: This research shows clearly that the main reason why poorer students do not go to university to the same extent as their wealthier peers is that they have weaker academic achievement in school. http://education.guardian.co.uk/schools/story/0,,2285234,00.html
New Straits Times Prudent spending critical for long-term survival If the [Malaysian] government continued giving out subsidies as in the past, it is estimated that this year the subsidies would amount to some RM56 billion. This would mean an increase in government budget deficit which had been reduced to three per cent of gross domestic product. According to Professor Danny Quah of the London School of Economics, the government budget deficit could rise to between eight per cent and 10 per cent if the government continues with the subsidies. This would result in other unacceptable and unwelcome consequences for the economy. http://www.nst.com.my/Current_News/NST/Friday/Columns/2265683 /Article/index_html
Financial Times Civil liberties thrust back under spotlight Beyond that, under European Union law, internet and telephone service providers are required to keep data for between six and 24 months. The UK has required it be kept for 12 months. Law enforcement agencies can obtain access to the data with a court order. Gus Hosein, a privacy specialist at the London School of Economics, says this was a UK initiative, introduced by the back door via the EU with no debate in the European parliament. A new government proposal reportedly would hold this information on a government database. http://www.ft.com/cms/s/0/377c8478-38e2-11dd-8aed-0000779fd2ac.html
Milano Finanza Passera, occorre un'authority unica per le banche europee La crisi, secondo Passera, ha messo in crisi il modello originate to distribute, che a volte, ha detto il manager riprendendo le parole del professor Charles Goodhart della London School of Economics, origina ma poi finge di distribuire: non è quello il modo di agire di una saggia banca commerciale. (Source: Lexis)
Late-edition headlines
Financial Times UK to unveil visa abuse ultimatum Tightening visa requirements - an important measure of relations between two nations - could prompt tit-for-tat responses that could hit British interests. Eric Neumayer, a professor at the London School of Economics who advises the Foreign Office on immigration issues, warned any move would be unpopular with the risk of "a high degree of reciprocity which could impact on investment and tourism". His research has found that visa restrictions reduce the bilateral flow of travellers by 50 per cent or more. http://www.ft.com/cms/s/0/45972f8e-3817-11dd-aabb-0000779fd2ac.html
Guardian WH Greenleaf Obituary of the political scientist WH Greenleaf, written by Professor Rodney Barker, head of the Government Department at LSE. http://www.guardian.co.uk/uk/2008/jun/12/8
RBC Daily (Russia) (11 June) Черный вторник» китайских инвесторов (translation: Black Tuesday the Chinese investors) Linda Yueh interviewed about Chinas stock market volatility. http://www.rbcdaily.ru/2008/06/11/world/351704
The Financial, Georgia LSE: Is there a formula for happy communities? A report from the Wellbeing Project, jointly led by Professor Lord Richard Layard, from the Centre for Economic Performance at LSE, shows if people can control the circumstances that affect their lives their wellbeing will be improved. http://finchannel.com/index.php?option=com_content&task=view&id=14732&Itemid=9
Marketing Magazine (Ireland) Ads under attack John Fanning questions the argument made by author Oliver James that advertising is a bad influence on society Although the subject of happiness and the fulfilled life have been discussed ever since man emerged as homo erectus, it has taken on a renewed lease of life since the Nobel Prize for economics was awarded for the first time to a psychologist, Daniel Kahneman, in 2002 for his studies in hedonic psychology and was the subject of British peer Richard Layard's Happiness: Lessons From a New Science. http://www.marketing.ie/index.jsp?p=93&n=341&a=367
Die Ziet, Germany London - Die globale Stadt (5 June) Article refers to the Urban Age Project at LSE and includes comments from Professor Ricky Burdett, Centennial Professor in Architecture and Urbanism at LSE. http://www.zeit.de/2008/24/London
LSE people on TV/radio
Bloomberg TV Davies urges caution for China banks expanding overseas: video Howard Davies, advisor to the China Banking Regulatory Commission and director at the London School of Economics and Political Science, talks with Bloomberg's Bernard Lo from Beijing about the outlook for China's banks and his advise for lenders expanding overseas. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3J_K2SjMOp8